economictimes.indiatimes.com

SBI Targets $10B FCNR(B) Deposits and ₹5 Lakh Crore Corporate Loan Pipeline

State Bank of India logoState Bank of India
Sig2.10Sen+5.20Env+0.80Soc+0.30Gov+0.50

State Bank of India says it remains on track for $10 billion via FCNR(B) deposits, with $9 billion raised four days before the concessional window closes. Chairman CS Setty also expects 14-15% credit growth and cites corporate loan prospects as high as ₹5 lakh crore, supported by about $4 billion in external commercial borrowing demand and confidence in resilient risk profiles.

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